Angel One Review | Best Broker In India 2023| Demat Account, Charges & Platforms Review

Discover the power of informed investing with Angel One Review, your one-stop shop for expert analysis, market insights, and insider knowledge to help you navigate the ever-changing world of finance.

Angel One Review is your go-to location for unlocking the potential of your portfolio and accomplishing your financial goals, whether you’re a seasoned pro or just getting started.

Angel One, popularly known as Angel Broking, is a hybrid Broking platform that provides almost all Full services at discounted brokerage rates. Angel One was based in 1996 and is regulated using the Securities and Exchange Board of India (SEBI). The Angel One app has over one crore registered users and 20,000 authorized persons. Also, they have 110 branches and 11,000 trading terminals in 1800+ cities in India. As we said, Angel One is a full-service broker that provides intraday Trading, Investment Advisory, Portfolio Management, Demat Accounts, IPO, Portfolio health scores, loans against shares, and much more.

Angel One offers the ‘Angel iTrade PRIME’ flat rate broker plan. In addition to Equity Delivery, this plan calls for a fixed exchange rate of Rs 20 for all segments (Intraday, F&O, Currencies & Commodities); There are no fees associated with Equity Delivery; its miles outfitted without spending a dime to all clients. In this article, we will cover the Angel One review, which contains all details about the Angel One platform.

Angel One Mobile App and Trading Platforms: Angel One Review

Angel One offers services all over from its app, website, and also from desktop. All customers will be able to use any of these trading platforms for free.

1. Angel One App (Mobile Trading App)

Angel One App is a stock market trading app with the best-shared ideas and personalized advice using ARQ technology. Clients can track the real market and global indices, get free stock recommendations, monitor portfolio health, and access over 21 charts in an Angel One mobile app.

2. Angel One Trade (Website)

To allow online trade between segments, Angel One Trade is its official trading website. All the compatible browsers, such as Chrome and Firefox, can be accessed by Angel One customers at trade.angelbroking.com. This web-based platform allows users to access their portfolio, get advanced charting tools with various technical indicators and state-of-the-art stock screeners, get up-to-date market information, Angel Research, and receive alerts & notifications.

3. Angel SpeedPro (Trading Terminal)

Angel SpeedPro is a desktop trading software. Angel One trading terminal can download on your laptop or desktop device. An integrated Single Window Trading Experience is available on a desktop trading platform to traders receiving accurate market updates, portfolio management, investment mutual funds, Live Market Data from Excel, and Integrated Information Flashes and Reports. At this platform, customers can experience the power and speed of instant trade execution and reports.

4. Angel Bee Mutual Fund App

Angel One’s mutual fund investing platform, the Angel Bee App, is also available. The Mobile App provides a one-stop shop for all your Mutual Fund needs, including the start of SIP or Investing One Time lump sums in equity, balanced debt and tax saving plans, and portfolio tracking and monitoring fund ratings from MorningstarCRISIL, Value Research. Angel Bee app allows paperless mutual fund investment and provides ARQ – powered scheme recommendations based on intelligent algorithms.

5. Angel One ARQ prime

Angel One ARQ Prime is a state-of-the-art trading tool for the customer. Maybe Angel One ARQ Prime alone is responsible for your future of commerce, which will help you design a world by the rules and without human interference. The key objective of the app is that you’ll have a strategy that will rely on verifiable and tested practices. Furthermore, it analyzes all the stocks and presents you with the best available now.

The ARQ Prime recommendations include high momentum, value, growth, and quality stocks. Angel One ARQ is a brilliant technology capable of reducing losses earlier and minimizing risks. In addition, this Robo-advisor platform has a trial where you can try out an application to improve clarity.

Advantage And Disadvantage Of Angel One

The benefits of Angel One are as follows. Before opening an account with Angel One, check out its advantages and disadvantages. Angel One execs and cons assist you in discovering if it fits your funding needs.

Advantages

• One of the most trusted trading platforms in India
• The largest network of sub-brokers and franchises
• Free equity delivery trading for a lifetime.
•  Access Angel One’s stock and initial public offering research for free.
• Extensive network of 20,000+ registered authorized partners.
• Margin trading facility.
• No hidden charges.
• Only Rs 20 for intraday square-off and call & trade (others fee Rs 50).
• Facility to name RM if there are issues (Other famous agents usually have busy lines)
•  Flat fee stockbroker charging Rs 20 per order across segments and exchanges—brokerage-free equity delivery trades.

Disadvantage

There are very few or literally very few disadvantages. Angel One offers great ease of trading to all traders. Angel One is the second most popular and leading service provider in this field.

• ARQ-Prime, the Smart Beta funding engine, is a paid platform.

Angel One Brokerage Charges

Angel One recently revised its charges and introduced the Angel iTrade prime plan. Angel iTrade provides a wide range of premium trading services at attractive flat fee rates. There are no hidden fees here, except for an additional rupee amount. Compared to other full-service brokers like Share khan, Geojit, or ICICI Direct, this trading plan offers 60% to 90% brokerage and tax savings. 

Angel One gives free Equity Delivery, but Equity Intraday, Equity F&O, Currency F&O, Commodity F&O, and Currency Futures and options charge Flat Rs 20 or 0.25%, respectively, whichever is lower. There is no minimum margin required for this plan. Other charges like Call & Trade Charges and RMS Auto Square Off Charges will cost you Rs20 per order. There are not any hidden charges included on any orders. All customers have the option of research and advisory services at no cost.

Angel One Margin Exposure

Angel one margin for intraday trading is as much as 20% of change value (max 5x leverage), primarily based on the stock. Intraday trading margins for the Angel One F&O equity, currency, and commodity contract on BSE, NSE, and MCX are 1.3x. Additional margin provided for carry forward positions and equity delivery transactions in Angel One F&O. Also, a 100% trade value margin and 1x leverage for equity delivery. For Equity Intraday, Up to 20% of trade value margin and 5x leverage, F&O, which includes Equity, Currency, and Commodities), 100% of NRML margin (Span + Exposure) margin, and 1x leverage.

Facilities offered by Angel One to the trader

1.  Angel One Currency Trading

The fluctuations in the exchange rate are giving traders a vast opportunity to make currency deals as global economic connectivity becomes increasingly common. Trading in Euro, US dollar, Japanese yen, British pound, or other currencies and foreign exchange is offered by Angle One. The key advantages of currency trading are low fees, high liquidity, low margins, high leverage, and low transaction costs.

2. Angel One Portfolio Management Service

To provide personalized investment advice to wealthy individuals, Angel One has launched Professional Management Services. To respond to specific needs, specialists in investment management will create customized portfolios that mix several investment options like stock, bonds, fixed deposits, and so on. The broker is offering a range of PMS strategies that combine value with growth investment, among which are: Large Cap Strategy, Generalised Strategy, Small Midcap Strategy, and Lotus Angel Portfolio.

3. Angel One Equity Trading

In the financial market, shares are the best and most sought-after long-term investment product, but it is not easy because of the risks involved. In addition to the Stock Exchanges BSE and NSE, Angel One offers equity trading. The advantage of the broker in differentiating itself from other stockbrokers is that it helps individuals achieve successful equity trading by providing them with definitive guidance, resulting in higher returns.

4. Angel One Derivative Trading

The derivatives segment gives traders the most excellent opportunity to make extraordinary profits by paying a relatively small margin. To provide its clients with direct access to Trading in derivatives markets, Angel One is an authorized trader and the clearing member of BSE’s derivative segment and NSE’s F&O segments.

5. Angel One Commodity Trading

In 2004, Angel One was awarded membership to the NCDEX and MCX commodity exchanges. Users must open a Commodity Account with Angel One to deal in commodities. A broker will offer the highest leverage of 40 times on commodity trading. A fully serviced broker facilitates trade between commodities such as precious metals, gold, silver, minerals, and agricultural products.

Type of Account offered by Angel One

For Indian customers, Angel One is offering the facility of opening a 2-in-1 (Demat + Trade Account). A customer can open an Angel One account for the following types of accounts:-

1.  Angel One Demat and Trading Account

Angel One has a depository participant with CDSL to offer customers the Angel One Demat Account opening facility. In addition, the company provides a free Demat account at no charge for opening an account. Start online Trading in equity, derivatives, commodity, and currency segments by opening a 2 in 1 version with Angel One’s Demat + Trading account online with no paperwork required. You can also use the AngelOne Trading Account to invest in Initial Public Offerings, Corporate Bonds, Sovereign Gold Bonds, and National Certificates.

2. Angel One NRI Account

With Angel One, NRI customers can easily open a 2-in-1 (NRI Demat + NRI Trading Account). The user must open either an NRE or NRO bank account, obtain a PIS certificate and obtain their personal CP code to set up an Angel One NRI Account. NRI clients can buy and sell stocks, equity derivatives, or initial public offerings through the Angel One NRI trading account. NRI clients cannot invest in Mutual funds with Angel One.

3. Angel One Mutual Fund Account

For the start of Sips or investment lump sums in a mutual fund plan you choose, Angel Bee is an all-in-one Mutual Fund app by Angel One. With no fees, investors will have access to an Angel One mutual fund account to invest in a selection of investment schemes. Therefore, the broker’s offering is limited to regular Mutual Fund Plans, and no direct plans are available.

Angel One Demat Account Opening Charge

There are free account openings for Demat and trading accounts. Also, there are no annual maintenance charges for trading accounts. But for the Demat account, there is only one year free; after one year, 450 Rs changes for yearly maintenance charges from the second year onwards. 

Angel One Account Opening Document

The fastest way to open an account in angel one is online mode. The complete account can open within 15 minutes if your mobile number is attached to an Aadhar card. You need to upload scanned copies of the following documents: –

• PAN Card
• Aadhar Card
• Passport size photo
• Photo of your signature
• Canceled cheque/passbook (only required if you want to trade in future and options segment)

What is the procedure for opening an Angel One Demat account?

Setting up an account with Angel One Demat is very quick because it keeps the user registration portal as simplified as possible. Follow the steps indexed below to open a Demat account with Angel One:

• Open Angel One website on any browser
• Click on Open Free Demat Account. 
• Add your name and mobile number, and select your city.
• Enter the OTP sent to your registered mobile number.
• Enter personal details; DOB, PAN number, email ID address, bank account number, and IFSC code.
• Click on Proceed Button and select Instant Account Opening with DigiLocker.
• Enter the Aadhaar number and add basic info like annual income, occupation, and father’s name.
• Then upload documents; PAN card, client signature, and bank statement.
• E-sign with your Aadhaar by entering your Aadhaar number and OTP.
• Take an explicit video of yourself for online verification by uploading a 10-second video. 

You will receive Angel One Demat account details on your email and mobile number. Accessing your Angel One Trading & Demat account and getting started with investing should be performed using your login details.

Angel One Research, Advisory & Stock Tips

The main factor for development that matters in the trading market is research. You can make more of the results you’re looking for with proper research. For market research, Angel One has the right tools. They provide studies on Fundamental evaluation reports; studies reports, employer reports, IPO reports, month-to-month reports, weekly reports, annual reports, and employer inventory reviews. You’re going to be able to use all of this, and you’re going to be able to plan accordingly.

However, you will receive a free stock advisory from experts regarding Angel One advice and tips. Also, an offline advisory option will be available to you. In conclusion, you’ll explain your next strategy by choosing the top picks and reviewing the market regularly. At the same time, they provide a dedicated account manager who can greatly assist in addressing various accounts management needs.

IPO Investment with Angel One

It offers an IPO that can apply through its platform. For Angel One, there are two ways of making an initial public offering: one is UPI’s investment, and another is ASBA’s.

UPI-based IPO investment with Angel One

• First, you have to log in to a cellular platform or app.
• In the More section, select the IPO option, which you can get in the top menu.
• Click on the Apply button next, then choose your IPO.
• Details such as the type of investor, price, order quantities, and UPI ID.
• Then you’ll have to click on the Apply button for your IPO application to be successful.
•  Once completed, you must enter the UPI mandate from your mobile application.

ASBA-based IPO investment with Angel One

•  Given their similarity to this type, proceed with the first three steps from the UPI methodology.
•  You will get to the next step, where you must fill in your DEMAT account number to store it on IPO shares when you apply.
• Next, you must choose order quantity, price, and investor type.
• After that, you must review the order and confirm to proceed.
• NACH mandate is necessary for this procedure. 

What is the procedure for transferring shareholdings from other stockbrokers in Angel One?

It is easy to carry out an online transfer of shareholdings in Angel One through CDSL. Users must have visited the CDSL’s website to register; once this process is complete, a form will be submitted for verification, enabling them to perform transfers in the future.

Angel One Customer Support

The Angel One customer service team offers a full range of essential support functions and is prompt in what it does. There’s a dedicated dealer here to trade on your behalf. They provide online trading support that you can use to solve your business problems.

They also have a 24-hour support team that allows you to deal with problems at any time of the day. They have a dedicated support number based on the “get a callback” feature. Support from Angel One consists of email support, but it currently doesn’t have a live chat feature. In total, there are 180 PAN India branches for customer support.

Angel One Complaints & Feedback

Angel One has a good reputation when resolving problems and complaints because of bad experiences. BSE has collected 97 complaints and comments concerning Angel One from customers who have yet to deal with it. The National Stock Exchange has received over a hundred twenty-five complaints, which are also resolved quickly.

Also Read:- What is Private Banking

CONCLUSION

If you’re looking for a top-notch broker with unbeatable pricing, Angel One is the perfect choice for you. With a fixed flat fee of only Rs. 20 across multiple trading segments, they offer some of the most competitive rates on the market. So why wait? Get started with Angel One today and take your trading to the next level! It gives you access to free stock research and initial public offering information through an ARQ-powered platform that will provide insight into your stock market and a recommendation on mutual funds. Furthermore, the customers are supple with a degree of flexibility.

They’ve got various trading tools that could be helpful to them when they think about business strategies. Their prices have been competitive and in line with market trends. They have an excellent customer support team that responds quickly to an issue but must learn how to deal with critical issues. The Angel One Review overviews the maximum current tendencies in angel dealers and is supposed to cowl all areas.